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TechnipFMC awarded Chevron contract for Subsea 2.0 Production Systems

TechnipFMC (FTI) has been awarded a significant(1) contract for Subsea 2.0(R) production systems by Chevron for the Gorgon Stage 3 brownfield project. This contract marks the introduction of the first 7-inch series of Subsea 2.0(R) horizontal subsea trees. In addition, TechnipFMC will deliver flexible jumpers designed to increase production rates and provide flow assurance for gas applications. For TechnipFMC, a “significant” contract is between $75 million and $250 million.

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